Recession On Deck: US GDP Shockingly Contracts In Q1 Driven By Inventory, Exports Plunge https://t.co/ceyuGNwPT6
— zerohedge (@zerohedge) April 28, 2022
First quarter 2022 contraction in real GDP of an annualized 1.4% similar to short-lived 1.4% decline in first quarter 2014. A quirky seasonal in GDP growth calcs suppresses QI. Over past 10 years, QI growth has averaged 1.5% vs all other quarters at 2.5%. https://t.co/d4JpCI0zHs
— Gene Epstein (@GeneSohoForum) April 28, 2022
